Experts seek the promotion of the Micro Pension Plan
Takor Ivor, Director of the Centre for Pension Rights Advocacy, has advocated for the inclusion of micro-pension in the ecosystem. He tasked the National Pension Commission (PenCom) and operators with…
PenCom to revise pension fund investment profile in FGN securities
The National Pension Commission (PenCom) is revising the 70% profile of pension fund investments in Federal Government of Nigeria (FGN) securities. The Commission is determined to revise the 70% uptake…
Pension Union seeks increment in pension and other benefits
The Contributory Pensioners Union of Nigeria (CPUN), Southwest Zone, has petitioned the National Pension Commission (PenCom) to pay their members’ benefits, which include a 15% and 33% increase in pension.They…
The Implications of Buhari’s Approval of N123.13 Billion for Accrued Pension Rights and Other Issues
For some time, the federal government’s outstanding pension liabilities posed a significant challenge to the implementation of the Contributory Pension Scheme (CPS), until President Muhammadu Buhari recently approved N123.133 billion…
Nigeria’s Contributory Pension Asset to hit ₦20trn by 2023 – Agusto & Co
The Nigerian Pension Industry (‘the Industry’) has evolved from a defined benefit scheme with primarily public sector participants to a mandatory defined contribution system for all government and private sector…
PenCom releases Framework for Enlightenment and Public Awareness for The Micro Pension Plan
Following the Guidelines for the Micro Pension Plan (MPP) publication, the National Pension Commission (the Commission) identified the need for sustained public education to raise awareness and acceptability of the…
